517 Lockerbie Street Indianapolis, IN $ 975,000
517 Lockerbie Street
$ 975,000
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517 Lockerbie Street

Indianapolis, IN, 46202
$ 975,000
Bedrooms3 Baths3.1 Sq 4,100

Monthly Estimate*

$ 6,480

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Single Family Home for sale in Indianapolis, IN

for $975,000 with 3 bedrooms and 3 full baths, 1 half bath. This 4,100 square foot home was built in 1890 on a lot size of 0.15.

Ideally located in the heart of Lockerbie Square sits this one-of-a-kind historic cottage which once belonged to the caretaker for James Whitcomb Riley. The original property was taken down to the studs and added onto in 2002, so it lives like a newer construction home! Large eat-in kitchen is the heart of the home and opens to an oversized family room featuring a fireplace and garden views. On the opposite side of the kitchen are the formal dining room plus a den/library - the perfect layout for gatherings. Rare main level primary suite with large walk-in closet and spa-like bath. Convenient main level laundry room offers plenty of storage and folding space. Situated at the back of the home is a beautiful and cozy sun room which leads to the fully fenced gardens and patio. Upstairs, find another spacious bedroom with a full bathroom plus loft. This area could easily be converted into 2 bedrooms if needed. The clean, concrete-poured basement with tall ceilings and daylight windows offers even more room for storage - OR - it could be easily finished to add additional living space. Deep 2-car garage with storage space has a beautifully finished carriage house apartment overhead! The carriage house could be perfect for your guests, in-laws, au pair or roommates - OR - lease it as an income-producing property to lower your carrying costs! Quality materials and attention to detail are apparent throughout this impeccably maintained piece of history. Don't miss the opportunity to make it yours!

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Single Family Pending

Price

$ 975,000

Bedrooms

3

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 9,076

Style

TraditonalAmerican

Lot Size

0.15

Year Built

1890

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

21982766

Features
General
Interior Features Attic Access Bath Sinks Double Main Built In Book Shelves Raised Ceiling(s) Paddle Fan Hardwood Floors Hi-Speed Internet Availbl In-Law Arrangement Eat-in Kitchen Pantry Programmable Thermostat Walk-
Heating Dual Forced Air SpaceWallUnit
Cooling Central Electric Wall Unit(s)
Utilities Cable Available Electricity Connected Gas Sewer Connected Water Connected
Possession Negotiable
Appliances Gas Cooktop Dishwasher Dryer MicroHood Oven Double Oven Refrigerator Washer Water Heater
Exterior Features Carriage/Guest House
HOA 0
Garage Spaces 2
Patio/Porch Features Covered Porch Open Patio
Architectural Style TraditonalAmerican
Construction Materials Brick Wood
Year Built 1890
View Downtown Neighborhood
Township Center
Levels Two
Property SubType Single Family Residence
Tax Year 2024
Accessibility Accessible Entrance
County Marion
New Construction N
Property Type Residential
HOA / Comm Assn Y
Subdivision Name Lockerbie
Facing Direction North
Garage Y/N Y
Total Rooms 11
Status Pending
Directions From Mass Ave head south on East St 2.5 blocks to Lockerbie St. East (left) onto Lockerbie St to home on the south side of the cobblestone street.
City Indianapolis
Buyer Agent Compensation 2.0
Disclosures Not Applicable
View Y/N Y
High School District Indianapolis Public Schools
MLS Area 4912 - Marion - Center Ne
Lot Size Square Feet 6490
Waterfront Y/N N
Property Attached Y/N N
Current Financing Conventional FHA VA
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Days on Market 7
Standard Status Pending
Tax Lot 11
Buyer Agent Compensation Type %
Legal Description Mc Quats Sub L11 Ol53
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Interior
Basement Ceiling - 9+ feet Daylight/Lookout Windows Storage Space Unfinished
Total Fireplaces 2
Fireplace Features Two Sided Den/Library Fireplace Dining Room Family Room
Basement (Y/N) Y
Full Baths 3
Half Baths 1
Laundry Features Main Level
Total Bedrooms 3
Below Grade Finished Area 0
Main Level Bedrooms 1
Total Baths 4
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Exterior
Fencing Fence Full Rear Privacy Gate
Parking Features Detached Concrete Garage Door Opener Side Load Garage Storage
Lot Features City Lot Curbs Sidewalks Storm Sewer Street Lights Mature Trees
Water Source Municipal/City
Foundation Details Concrete Perimeter Cellar Partial
Spa N
Building Area Total 4100
Lot Size Acres 0.15
Other Equipment Smoke Alarm Sump Pump
Horse Amenities None
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* Excluded Features
List By
Maywright Property Co.

Broker

chanda@maywright.com

Email

Affordability Calculator

$7,236
Per Month
90%
10%
0%
Monthly Principal & Interest
$6,480
Monthly Property Taxes
$756
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/3/2024$975,000 Listed Price

Map


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517 Lockerbie Street, Indianapolis, IN, 46202 is a Single Family Home for sale at $975,000 with 4,100 sqft and a lot size of 0.15. 517 Lockerbie Street has 3 bedrooms, 3.1 baths, and was built in 1890. The property's zip code is 46202 which is in Indianapolis, IN